According to Onchain Lens (blockchain data tracker), two newly created wallets moved about $126 million in Ethereum from BitGo (digital asset custodian) and Kraken (crypto exchange).
Two newly created wallets that Onchain Lens (blockchain data tracker) said are suspected to be linked to Bitmine withdrew 60,000 ETH worth about $126 million. The funds were moved from BitGo (digital asset custodian) and Kraken (crypto exchange), according to the on-chain tracking report. Large Ethereum transfers from centralized platforms to fresh wallets are often watched closely because they can indicate treasury management, custody changes, or internal fund reorganization, although the source only identifies the wallets as suspected Bitmine-linked.